YEARLY HIGH
142.0243 IQD
YEARLY LOW
128.8545 IQD
YEARLY AVERAGE
135.4971 IQD

2019 NOK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 142.0243. Conversely, the yearly low was recorded on October 29, dropping to 128.8545.

This high-to-low spread represents a total annual volatility of 13.1697 IQD. From a start-to-finish perspective, comparing the January average rate of 139.3200 to the December average rate of 132.1570, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 142.0243 was down 8.64% compared to the 2018 peak of 155.4628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 710,121 IQD
2018 Average 731,567 IQD
Yearly Trough Low 644,273 IQD
Transaction Impact: A difference of 65,848.71 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

140.2308
129.3011
JanuMarcMayJulySeptNove

NOK to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 138.3501, compared to 132.6441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7060 points.

H1 Avg (Jan–Jun) 138.3501
H2 Avg (Jul–Dec) 132.6441

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 6.3363 IQD (High: 142.0243 / Low: 135.6880). On the other end, November was the most stable month, with a tight range of 2.0585 IQD (High: 131.1349 / Low: 129.0763).

January Spread (Volatile) ±6.3363
November Spread (Stable) ±2.0585

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.3881 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.3881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 139.3200) against the same month in 2018 (average: 150.3310), the exchange rate shifted by -11.0110 (-7.32%).

2019 Avg (January) 139.3200
2018 Avg (January) 150.3310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 142.0243 135.6880 139.3200
February 141.3415 136.8701 138.8293
March 141.0623 135.7993 138.4565
April 141.0415 137.0044 139.0953
May 137.4877 135.3208 136.3358
June 140.5054 135.6404 138.0637
July 139.8164 134.5226 138.2497
August 134.5560 130.4511 132.8616
September 133.5558 130.7670 132.0788
October 131.3089 128.8545 130.2119
November 131.1349 129.0763 130.3054
December 135.3314 129.3504 132.1570